Aster DM Healthcare, through its wholly owned subsidiary, DM Med City Hospitals (India), has acquired 100% stake in EMED Human Resources India (EMED). EMED is an associate company of Aster DM Healthcare in which the company has 33.33% stake.
Pursuant to the aforementioned acquisition, the shareholding of the company has increased from 33.33% to 100%, thereby making EMED a wholly owned step-down subsidiary of the company.
Aster DM Healthcare operates as a healthcare company in the Middle East, India, and the Far East. It operates hospitals and clinics, pharmacies, diagnostic centers, educational institutions, and healthcare management and healthcare support systems.